Transcript: Milton Friedman Speaks: Money and Inflation (B1230) - Full Video - leaving a review ![rw-book-cover](https://readwise-assets.s3.amazonaws.com/static/images/article1.be68295a7e40.png) ## Metadata - Author: [[leaving a review]] - Full Title: Transcript: Milton Friedman Speaks: Money and Inflation (B1230) - Full Video - Category: #articles - URL: https://ytscribe.com/v/B_nGEj8wIP0/ ## Highlights - If government spends more than it takes in, in the form of things that are called taxes, it has to meet the difference either by printing money or by borrowing from the public at large. Printing money is a very attractive device because inflation, From the point of view of a person sitting in congress or in the senate, is a wonderful tax - When most people say they want to stop inflation, what they mean is that they want the prices of the things they buy to go down and the prices of the things they sell to go up